The housing in Homestead, IA is quite affordable and desirable. The median value for homes is $268,600, which is significantly lower than the US median of $338,100. Despite this difference, the one year appreciation rate for houses in Homestead is 8.03%, nearly matching the national average of 8.27%. This indicates that the market for houses in Homestead is strong and growing.
The median home cost in Homestead is $268,600. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Homestead is up 14.4%.
Average Age of Homes
- The median age of Homestead real estate is 45 years old
The Rental Market in Homestead
- Renters make up 18.0% of the Homestead population
- 0.0% of houses and apartments in Homestead, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.